A series of increasingly concerning and even bizzare news reports RE TSLA operations, below, ~most recent first:
MS has recently suggested one explanation for why TSLA has never had a clear path to profitability, in that the corporate mission may be in achieving a government bailout, rather than an actual return on investor capital:
https://www.cnbc.com/2018/04/18/morgan- ... story.html
Tesla could be 'too big to fail' like GM, Chrysler were during crisis, Morgan Stanley says
Morgan Stanley believes the size of Tesla's U.S. workforce may become a big factor affecting the company's long-term survival.
The firm's analyst Adam Jonas noted Tesla employed 37,543 workers at the end of last year and predicted the number will increase to nearly 50,000 by 2019 or 2020.
"Tesla may be more on the 'too big to fail' spectrum than the market realizes ... the vast majority of [the company's workforce is] in the United States, and across many states," he wrote in a note to clients Wednesday. "Rule of thumb on the economic multiplier says that one auto-related job can support as many as seven other jobs throughout the economy."
The U.S. government bailed out GM and Chrysler during the financial crisis, in part because of their large employee bases...
Sure sounds like adding another shift is just another half-baked plan from Elon, as well as an admission that reaching the previously promised 5,000 per week model 3 production rate using two shifts is now recognized to have been only a pipe dream:
https://jalopnik.com/tesla-switching-to ... 1825335216
Tesla Switching To 24/7 Shifts To Push For 6,000 Model 3s Per Week By June, Elon Musk Says
...In a lengthy email sent around 12:30 p.m. Pacific on Tuesday, Musk laid out a number of changes that covered production of the Model 3 to expenditures over the coming year, as Tesla attempts to achieve sustained profitability by the end of 2018. Musk confirmed earlier reports that production Fremont and the Gigafactory in Nevada will be suspended for a few days for a “comprehensive set of upgrades,” he said.
“This should set us up for Model 3 production of 3000 to 4000 per week next month,” Musk wrote.
Then, in May, the automaker will do more work on the Model 3 line that, according to Musk, should allow it to hit a production capacity of 6,000 Model 3s per week by the end of June. Tesla has struggled with production of the Model 3 since it launched last summer, repeatedly delaying production goals.
One of the biggest changes will be an additional shift to Fremont’s general assembly, body and paint areas. As such, Fremont will move to 24/7 operations, Musk said...
...The longer hours of operations comes amid reports of alleged labor violations from workers and the National Labor Relations Board, which has a hearing scheduled over a complaint it filed against Tesla for June...
You can read the full email below...
What TSLA didn't need was further charges of cooking-the-books
to hide failures, this time RE workplace safety statistics:
https://www.kqed.org/news/11662641/tesl ... -the-books
Tesla Says Its Factory Is Safer, but It Left Injuries Off the Books
...Under fire for mounting injuries, Tesla recently touted a sharp drop in its injury rate for 2017, which it says came down to meet the auto industry average of about 6.2 injuries per 100 workers.
But things are not always as they seem at Tesla. An investigation by Reveal from The Center for Investigative Reporting found that Tesla has failed to report some of its serious injuries on legally mandated reports, making the company’s injury numbers look better than they actually are...
Not news any TSLA investor would want to read, almost a year into model 3 mass-production
https://www.cnbc.com/2018/04/13/tesla-s ... r=sharebar
Tesla ships flawed parts from suppliers to a local machine shop for fixes, and they're piled up outside
...Tesla is struggling to manage and fix a significant volume of flawed or damaged parts from its suppliers, sending some to local machine shops for rework, according to several current and former Tesla engineers. The company said it also makes adjustments to the design of some parts after receiving them from suppliers.
On Friday, Tesla CEO Elon Musk promised the company would be profitable and cash-flow positive in the third and fourth quarter of this year. But a high volume of rework and design tweaks could cut into Tesla's margins and contribute to delays in the delivery of its cars...